Did you hear? CR England bought out Dick Simon trucking and now there going to merge with Schneider. They are going to rename the company CRDickinSchneider.

We did not have hyperinflation in this country (inflation last year was around 0.1%, the lowest recorded in fifty years), so this is actual spontaneous deflation. If this continues across the labor spectrum consumer confidence is unlikely to recover before 2010 at the earliest, because now it isn't enough to have a secure job. Your labor is actually decreasing in value. Deflation is much more difficult to reverse than inflation, and the government has few tools to really combat it the way that adjusting the money supply can tamp down inflation. In fact, a period of rapid deflation can quickly reverse into dangerous hyperinflation. We're dealing with an economy susceptible to great instability.
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Not sure what all the smug anti-labor politics is here, but I imagine your smiles will be a little less cute if this happens to you.

Alan Greenspan once reportedly commented (I'm paraphrasing): 'Capitalism works best when the system is manipulated such that there is a tenuous balance between management/labor, such that labor is kept in fear of their jobs. At that point, because of the possibility of LOSING their job, they are less likely to be demanding of management at the bargaining table, less likely to be critical of management, and more accepting of managerial dictates, without viable dissent.' Again, I'm paraphrasing here, but it would seem that perhaps we've reached that point. Bully for management!

Rooster you are so right. Lets tax the small businesses who employ 90% of the people. No businesses = no jobs = no money! This method won't work. Where does all of this free money and bailout money come from? Doesn't anyone think that some day we will have to repay it?

Ya'll a bunch of cry babies, enjoy the job while you got it. And this is the state and the company doing this not the president, think before you speak.

Maybe Obama needs to look at the history of Schneider and take notes. Scnheider thrived before Reagan's de-regulation of commerce and after de regulation and Don Schneider never took his company public to be traded on the market like JB HUNT and Swift to name a few.

This is one step Brazil in S. America took to stop hyperinflation during the 90's. Schneider National made a smart move.

what would make me thankful is having a president that dosn't switch gears every five seconds. the best observation of his tactics is that he is still in campaign mode; ie, telling us lies just to win an election. he won, now hire some non-criminal cabinet members and get on with the job of cutting taxes and stimulating this economy. and quit with the b.s. please

My husband drives for another well known trucking firm. They have reduced their employee's pay by 10%. We'd take a freeze any day over a reduction. But on the other hand, we are both very thankful just to continue to be employed.

What company hasn't?